EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.57% against the USD and closed at 1.2380, after the ECB failed to provide immediate stimulus measures and following upbeat construction and retail PMI data in Germany. Data … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.60% against the USD and closed at 1.2310, following mostly soft economic data from the Euro-zone and its peripheries. Yesterday, retail sales in the Euro-zone rebounded 0.4% on … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.71% against the USD and closed at 1.2384, after the Euro-zone’s producer price index retreated 0.4% on a monthly basis in October, worse than expected decline of 0.3% … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.2473. However, gains in the Euro were kept in check following disappointing manufacturing PMI data in the Euro-zone as well as … Continue reading →

EURUSD Movement On Friday, the EUR declined 0.12% against the USD and closed at 1.2445. In economic news, German retail sales rose 1.9% on a monthly basis, marking its biggest rise since June 2011 in October. Meanwhile, the core consumer … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.36% against the USD and closed at 1.2461. Yesterday, data from Germany indicated that the nation’s monthly consumer prices remained flat in November, in line with market expectations … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.26% against the USD and closed at 1.2506. In economic news, Germany’s import price index slid 0.3% on a monthly basis in October, following a rise of 0.3% … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.2474, following positive Q3 GDP data in Germany. Yesterday, data from Germany indicated that the nation avoided recession after its seasonally … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.52% against the USD and closed at 1.2438, following encouraging IFO economic data from Germany. Yesterday, data indicated that Germany’s IFO business climate index surprisingly rose to a … Continue reading →

EURUSD Movement On Friday, EUR declined 1.22% against the USD and closed at 1.2388, after the ECB Chief, Mario Draghi reiterated that the central bank stands ready to expand its asset purchases, if inflation continues to persist in the common-currency … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded marginally lower against the USD and closed at 1.2540, after the Euro-zone as well as Germany registered dismal economic data. Yesterday, economic data showed that manufacturing PMI in … Continue reading →